employees for front line positions and also would permit us importantly to continue investing in technology initiatives that substantially and cost effectively allow us to improve our ability to police the markets. as you know, regardless of the amount appropriated our budget will be fully offset by fees we collect and will not impact the nation's budget deficit. as the commission strives to complete our remaining tasks, we look forward to working with this committee and others to adopt rules that will fill our mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. thank you again for inviting me to share with you our progress to date and our plans going forward. i look forward to answering your questions. >> thank you. >> thank you, chairman johnson and members of the committee. i want to first just associate myself with governor turillo's comments about wishing you well on this valentine's day but also his comments about the administrative procedures act. i think we've all benefited at the cftc by the 39,000 comments that we'